British Minister of State at the Department for Business and Trade, Nusrat Ghani, noted the unprecedented attractiveness of Kazakhstan’s mineral and raw materials base and emphasized the significance of the U.K.’s participation in its development.
“What remains constant in a changing world is the importance of our partnership with Kazakhstan, which I am determined to enhance. We all know that international investors value a stable and predictable business environment, and I applaud your government’s work on regulatory reform. It has turned Kazakhstan into one of the world’s best jurisdictions to explore and mine today,” the minister said.
Nick Bridgen, CEO of Ferro-Alloy Resources, Rob Macaire, Chief Advisor on the U.K. and international relations at Rio Tinto, and Gulzhanat Ualitova, director of the Anglo Rem Exploration Mining Central Asia (Aremca) company, a women-led team of geologists, highlighted the relevance of introducing innovative exploration technologies and responsible environmental management.
Ferro-Alloy Resources Ltd (LON:FAR) is developing the giant Balasausqandiq vanadium deposit in Kyzylordinskaya oblast of southern Kazakhstan. The ore at this deposit is unlike that of nearly all other primary vanadium deposits and is capable of being treated by a much lower cost process.